Phoenix-based Republic Services has been named the country's most shareholder-friendly environmental services company by Institutional Investor magazine. The ranking is part of the magazine's annual "America's Most Shareholder Friendly Companies" list.
The ranking reflects the opinions of 675 buy-side analysts and port¬folio managers at more than 375 investment management firms with combined assets of $5.8 trillion in U.S. equities.
“Our company is dedicated to excellence, environmental responsibility, ethical behavior, and increasing shareholder value,” said Ed Lang senior vice president at Republic, in a press release. “We strive to provide our shareholders with transparency to ensure they are able to receive clear and accurate information. This recognition demonstrates our commitment to this mission.”
Republic has achieved the first-place ranking in the environmental services sector for the past three years.